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(BALMLAWRIE) Balmer Lawrie complete technical analysis [charts+indicators] | Buy/Sell Balmer Lawrie | (BALMLAWRIE) share price targets

Complete technical analysis of Balmer Lawrie (BALMLAWRIE) by charts plus indicators, forecast predictions and share price targets for Balmer Lawrie (BALMLAWRIE)

Balmer Lawrie trades in NSE in Diversified sector.

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 649750

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	217.70	219.90	224.15	215.80	0.794 times
15 Fri Mar 2024	219.20	214.00	231.00	210.10	2.252 times
14 Thu Mar 2024	215.15	205.00	218.60	202.00	1.059 times
13 Wed Mar 2024	206.35	224.80	230.00	203.70	2.274 times
12 Tue Mar 2024	225.45	232.10	234.60	223.20	1.014 times
11 Mon Mar 2024	234.10	244.00	244.00	232.50	0.698 times
07 Thu Mar 2024	245.35	239.50	247.85	239.35	0.548 times
06 Wed Mar 2024	240.40	248.05	248.05	236.30	0.747 times
05 Tue Mar 2024	248.65	243.85	251.50	243.60	0.665 times
04 Mon Mar 2024	244.20	245.25	251.20	241.15	0.671 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 225.1, but if it comes above 225.1, then a intra day buy could be more profitable.
If you take a sell trade below 225.1, then use 225.1 as stoploss and 206.7 as target. However if you take a buy trade in stock , then use 225.1 as stoploss and 240.5 as target.

Share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Target	134.00
Downside Target	157.00
Downside Target	164.90
Downside Target	202.00
Downside Target	215.55
Upside Target	224.15
Upside Target	233.95
Upside Target	251.50
Upside Target	260.00
Upside Target	264.90
Upside Target	290.70
Upside Target	291.00

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	214.28
Downside Intraday Target	210.87
Upside Intraday Target	222.63
Upside Intraday Target	227.57
Upside Intraday Target	219.22

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	217.70	219.90	224.15	215.80	0.109 times
15 Fri Mar 2024	219.20	244.00	244.00	202.00	2.774 times
07 Thu Mar 2024	245.35	245.25	251.50	236.30	0.503 times
02 Sat Mar 2024	243.65	257.00	260.00	238.80	1.45 times
23 Fri Feb 2024	256.85	255.30	264.90	247.35	0.456 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	217.70	246.70	251.50	202.00	0.36 times
29 Thu Feb 2024	243.95	287.05	291.00	233.95	0.323 times
31 Wed Jan 2024	284.80	218.95	290.70	215.55	0.785 times
29 Fri Dec 2023	218.85	157.40	240.80	157.00	5.678 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Balmer Lawrie (BALMLAWRIE)

Price action analysis of Balmer Lawrie ( (BALMLAWRIE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Balmer Lawrie ( (BALMLAWRIE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Balmer Lawrie ( (BALMLAWRIE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Balmer Lawrie ( (BALMLAWRIE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Balmer Lawrie stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Balmer Lawrie in short term and the sell signal is strong.

Balmer Lawrie Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Balmer Lawrie in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Balmer Lawrie is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 223.73 and Balmer Lawrie (BALMLAWRIE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Balmer Lawrie (BALMLAWRIE) stock. Volume based technical analysis of Balmer Lawrie (BALMLAWRIE) stock is negative.

Balmer Lawrie Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.